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USDCHF is following an uptrend.
EURUSD | H4 | ||
Resistance | 1.1210 | 1.1245 | 1.1273 |
Support | 1.1147 | 1.1119 | 1.1084 |
Primary Scenario | EURUSD is now poised to retest the support level at 1.1147. If the pair achieves to violate this level, it will target the support level at 1.1119 and then lower at 1.1084. | ||
Alternative Scenario | A higher thrust of the market will push the exchange rate to penetrate the daily pivot at 1.1182. The next resistance is seen at 1.1210. |
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Source:: USDCHF is following an uptrend.